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Thursday, November 12, 2026Nov 12

VW sales jump 15%, CEO says

German carmaker Volkswagen AG’s sales rose about 15 percent to 3.5 million cars worldwide during the first half of 2010, according to Dow Jones.

Chief Executive Officer Martin Winterkorn said, however, the end of government car-scrapping incentives have put the brakes on the company’s steep rise in car sales, which will be slower in the second half of the year.

Intergraph sells for $2.1 billion

HUNTSVILLE, Ala. – Intergraph Corp., a privately held Alabama software maker, says it has agreed to be acquired by Sweden’s Hexagon AB for about $2.1 billion.

The deal was announced Wednesday.